Sprint has signed a deal with the newly formed Mobile Leasing Solutions, LLC, which has been created by a group of equity investors including Sprintâs majority owner and parent company, Softbank Group. Roughly $1.1 billion cash infusion occurred through this sale and lease-back deal. Notably, Sprint anticipates sale of 2.5 million leased devices with a projected book value of $1.3 billion to Mobile Leasing Solutions. The lease-back deal is intended to reduce one of Sprintâs biggest expenses â the cost of buying millions of new devices.
SAN DIEGO - April 8, 2010 - Qualcomm Incorporated (Nasdaq: QCOM) today announced a quarterly cash dividend of $0.19 per common share, payable on June 25, 2010 to stockholders of record at the close of business on May 28, 2010.
More recently (Jun 5), Baxterâs board of directors approved the spin-off, which was announced in March, last year. The company also declared a special dividend distribution for 80.5% of the outstanding shares of Baxalta stock, which is expected to be paid on Jul 1, 2015. Per the announcement, shareholders will receive one share of Baxaltaâs common stock for each share of Baxter common stock held, as of Jun 17, 2015.